33 Jaime Ct, Morris Plains, NJ, 07950 | $171/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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33 Jaime Ct, Morris Plains, NJ, 07950 | $171/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Morris Plains at 33 Jaime Ct, Morris Plains, NJ, 07950 earns $171/mo cash flow from $4,091/mo rent with a $2,692/mo payment. Total monthly income totals $4,091/mo, and annual cash flow totals $2,048/yr on $180,950 capital. ROI tracks 21.19% on current figures, and rental yield reads 8.93% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash sums $200,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,091/mo property income instead of your personal income.

Townhouse

Built in 1987

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-appointed townhouse located in a private community. This residence offers a blend of modern features and comfortable living spaces across multiple levels. The first floor includes a convenient powder room, a coat closet, and direct access to the private garage. The open-concept layout features a contemporary kitchen that flows into the combined living and dining area with access to a private deck ideal for everyday use and outdoor enjoyment. The full walkout basement provides a spacious and flexible area suitable for a recreation room, workspace, or additional living area, with direct access to the backyard. The second floor includes three bedrooms and two full bathrooms. The primary bedroom offers a walk-in closet and an en suite bathroom. Two additional bedrooms provide options for various uses, including guest space or a home office. Located just minutes from downtown Denville, residents can enjoy nearby cafes, restaurants, shops, and seasonal activities. Commuters will appreciate the convenience of nearby train and bus stations offering accessible travel options. Come turn this house into your home before someone else does!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07950, Morris Plains, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,711 (100%)
Owner Occupied HU	6,123 (70.3%)
Renter Occupied HU	2,342 (26.9%)
Vacant Housing Units	246 ( 2.8%)
Median Home Value	$634,438
Average Home Value	$657,576